"Hosting the RESAAS Platform and suite of services on the Windows Azure Cloud network is a huge benefit to us," said Tom Rossiter, Chief Technology Officer at RESAAS. "We strive to provide the best possible product to our users, and the performance of our system is extremely important to us as we grow our user base."

"We have already had an overwhelming response to RESAAS from the real estate community, so being able to leverage Azure's ability to scale on-demand allows us to grow our infrastructure in-line with traffic to maintain performance," Rossiter added.

Windows Azure provides scalable hosting for high traffic websites and applications, and includes a cloud services operating system and a set of developer services. It is best suited for companies that need to support high numbers of users and grow into different countries and continents.

Additionally, RESAAS is hosting the inaugural Vancouver Azure meet-up event co-sponsored by Microsoft. The event will be held at the RESAAS headquarters in Vancouver, BC on Monday, December 12, 2011.

RESAAS is an advanced partner of Microsoft's Windows Azure cloud hosting platform, and will be sharing insightful information for all levels of Azure customer, from prospective through to experienced, at the event.

RESAAS is an enterprise social network for real estate professionals, mortgage specialists, home buyers and sellers to connect and communicate in real-time. Visit www.resaas.com or on Twitter: @resaas (http://twitter.com/resaas)

On Behalf of RESAAS Services, Inc.

Scott Young, Vice President of Business Development

Forward-Looking Information

This press release includes forward-looking information within the meaning of Canadian securities legislation, concerning the expected functionality of RESAAS's technology platform following its launch. The forward-looking information is based on certain key expectations and assumptions made by RESAAS' management, including finalizing the design and development of the technology platform. Although RESAAS believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because RESAAS can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and RESAAS disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

This news release is not an offer of the securities for sale in the United States. The securities being offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements.

The CNSX has not reviewed, nor approved or disapproved the content of this press release.